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Trade Union Sets Ultimatum For Zimbabwe Central Bank Over Cash Crunch

The Zimbabwe Congress of Trade Unions has warned the Reserve Bank of Zimbabwe that it will launch an unspecified national labor action if the central bank does not take action by Oct. 1 to relieve consumers strapped by cash withdrawal limits at banks.

The ZCTU, Zimbabwe's main labor confederation, said it wrote to RBZ Governor Gideon Gono expressing concern that Zimbabweans and workers in particular do not have access their own money but face a daily limit on withdrawals of Z$1,000.

The union noted in a statement that this was not enough to buy two loaves of bread.

It added that members of the armed forces and some bank employees have not faced the same constraints on access to more cash as ordinary Zimbabweans.

ZCTU Secretary General Wellington Chibebe declined to specify what "national action" the union threatened, but told reporter Jonga Kandemiiri of VOA's Studio 7 for Zimbabwe that workers belonging to his union understood what it meant.

More reports from VOA's Studio 7 for Zimbabwe...